Gold eased on Friday ahead of a key U.S. jobs report and looked set for a third consecutive weekly decline as hopes for an economic recovery stoked interest in assets seen as higher risk, like stocks, at the metal's expense.
Spot gold was down 0.2% at $1,708.07 per ounce as of 07:00 GMT, while U.S. gold futures slid 0.9% to $1,711.80.
Bullion has declined about 1% so far this week, and is on track for its biggest fall since the week ending May 1.
However, spot prices remain just 3% below...

Gold futures were sharply lower Friday, settling at their lowest in two months and losing nearly 4% for the week. A surprise monthly climb in U.S. jobs and a drop in the nation's unemployment rate led to a rally in the stock market, dulling demand for haven gold.
August gold lost $44.40, or 2.6%, to settle at $1,683 an ounce. That was the lowest finish for a most-active contract since April 3. For the week, prices lost 3.9%, according to FactSet data.
Source: Marketwatch

Gold futures fell on Friday morning, amid a global rally in stocks that was dulling the appeal for the yellow metal.
August gold on Comex shed $18.70, or 1.1%, at $1,708.70 an ounce, nearly giving up all of its gains from the previous session.
Meanwhile, July silver lost 24 cents, or 1.3%, at $17.830 an ounce, after sinking 0.6% on Thursday.
For the week, gold is down 2.5%, while silver has lost 3.6% over the past five trading sessions.
Source : Marketwatch

U.S. stocks jumped at the open on Friday after a closely watched report showed a surprise drop in the U.S. unemployment rate, lending weight to hopes of a faster economic rebound from a coronavirus-driven slump.
The Dow Jones Industrial Average rose 554.98 points, or 2.11%, at the open to 26,836.80. The S&P 500 opened higher by 51.49 points, or 1.65%, at 3,163.84, while the Nasdaq Composite gained 87.73 points, or 0.91%, to 9,703.54 at the opening bell.
Source : Reuters

Hong Kong stocks ended the week on a strong note Friday, marking a fifth straight advance as early profit-taking gave way to optimism over the worldwide easing of lockdown measures and hopes for the global economy.
The Hang Seng Index rallied 1.66 percent, or 404.11 points, to 24,770.41.
The benchmark Shanghai Composite Index rose 0.40 percent, or 11.55 points, to 2,930.80, while the Shenzhen Composite Index on China's second exchange gained 0.22 percent, or 4.07 points, to 1,856.61.
Source...

But the benchmark Shanghai Composite Index gained 0.46 percent, or 13.62 points, to 2,999.28, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.03 percent, or 17.02 points, to 1,672.63.

Hong Kong stocks ended the week on a strong note Friday, marking a fifth straight advance as early profit-taking gave way to optimism over the worldwide easing of lockdown measures and hopes for the g...

Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for a quicker-than-anticipated recovery.
The Nas...

European stocks racked up their best week in two months on Friday, with investors scooping up battered shares of banks, automakers and travel companies amid growing signs that the pandemic-hit global ...

Stocks rallied on Friday after a historic and surprising gain in U.S. jobs raised hope the economy is starting to recover from the coronavirus pandemic.
The Dow Jones Industrial Average jumped 1,030 ...

U.S. stocks jumped at the open on Friday after a closely watched report showed a surprise drop in the U.S. unemployment rate, lending weight to hopes of a faster economic rebound from a coronavirus-dr...

Gold eased on Friday ahead of a key U.S. jobs report and looked set for a third consecutive weekly decline as hopes for an economic recovery stoked interest in assets seen as higher risk, like stocks, at the metal's expense.
Spot gold was down 0.2% at $1,708.07 per ounce as of 07:00 GMT, while U.S. gold futures slid 0.9% to $1,711.80.
Bullion has declined about 1% so far this week, and is on track for its biggest fall since the week ending May 1.
However, spot prices remain just 3% below...

Gold futures were sharply lower Friday, settling at their lowest in two months and losing nearly 4% for the week. A surprise monthly climb in U.S. jobs and a drop in the nation's unemployment rate led to a rally in the stock market, dulling demand for haven gold.
August gold lost $44.40, or 2.6%, to settle at $1,683 an ounce. That was the lowest finish for a most-active contract since April 3. For the week, prices lost 3.9%, according to FactSet data.
Source: Marketwatch

Gold futures fell on Friday morning, amid a global rally in stocks that was dulling the appeal for the yellow metal.
August gold on Comex shed $18.70, or 1.1%, at $1,708.70 an ounce, nearly giving up all of its gains from the previous session.
Meanwhile, July silver lost 24 cents, or 1.3%, at $17.830 an ounce, after sinking 0.6% on Thursday.
For the week, gold is down 2.5%, while silver has lost 3.6% over the past five trading sessions.
Source : Marketwatch

U.S. stocks jumped at the open on Friday after a closely watched report showed a surprise drop in the U.S. unemployment rate, lending weight to hopes of a faster economic rebound from a coronavirus-driven slump.
The Dow Jones Industrial Average rose 554.98 points, or 2.11%, at the open to 26,836.80. The S&P 500 opened higher by 51.49 points, or 1.65%, at 3,163.84, while the Nasdaq Composite gained 87.73 points, or 0.91%, to 9,703.54 at the opening bell.
Source : Reuters

Hong Kong stocks ended the week on a strong note Friday, marking a fifth straight advance as early profit-taking gave way to optimism over the worldwide easing of lockdown measures and hopes for the global economy.
The Hang Seng Index rallied 1.66 percent, or 404.11 points, to 24,770.41.
The benchmark Shanghai Composite Index rose 0.40 percent, or 11.55 points, to 2,930.80, while the Shenzhen Composite Index on China's second exchange gained 0.22 percent, or 4.07 points, to 1,856.61.
Source...